Online Sports Betting Guide: Types Of Bets, Popular Bonuses & Sports Events

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Are you looking to get in on Stake betting action? Whether you’re an experienced gambler or a newbie, this guide will provide you with all the information and tips needed for a successful gambling experience. We will discuss popular types of bets, bonuses available online, and major sporting events that are commonly wagered on. With our help, your betting adventures will be more profitable than ever! So strap in and let’s dive into the world of online sports betting!

Types of Bets 

Moneyline bets 

These are the most basic type of online sports bet. It involves betting on which team will win. This is a great option for beginners as it doesn’t require much research or understanding of the odds.

Point spread bets 

These are a more complex type of online sports bet. They involve predicting the margin of victory for a team. For instance, if you bet on the Boston Celtics to beat the Los Angeles Lakers by 3 points, then if they win by exactly 3 points, your bet will pay out. 

Over/under bets 

This type is meant to predict whether the number of points scored in a specific game will be over or under a certain number. For example, if you bet on the total score in a football match to be over 45 points, then if the game ends with a final score of 46-20, your bet will be a winner. 

Parlay bets 

This variation involves betting on the outcome of multiple games or events at once. This is a more complicated online sports bet that requires careful research and analysis of the odds. For instance, if you bet on the Miami Heat to beat the Los Angeles Lakers and the New York Knicks to beat the Denver Nuggets, then if both teams win, your bet will be a winner. 

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Futures bets 

This one involves predictions on future events such as who will win the NBA championship or who will be the next president of the United States. These bets are riskier as they require more research and analysis but can also result in bigger payouts. 

Popular Bonuses 

Welcome bonuses 

A welcome bonus is typically offered by online bookmakers when you sign up with them. It is usually a percentage of your first deposit, up to a certain amount, which you can use to wager on the online sportsbook. 

In-play promotions 

In-play promotions offer additional bonuses or rewards when you wager during a live game or event. For example, a bookmaker may offer free bets or cashback if you place a bet during the last few minutes of a football match. It is a good idea to regularly check independent casino reviews to find out the ones with the best promo events.

Loyalty rewards and VIP programs 

Loyalty perks and VIP programs reward players who wager frequently and offer extra bonuses or cashback. For example, top bookmakers offer additional bonuses or free wagers when you reach a certain level of loyalty points. 

Sports Events 

  • Football is one of the most popular sports for online betting. Some of the most favored events include the UEFA Champions League, the Europa League, and the World Cup tournaments. 
  • Horse racing is especially popular in the UK and Ireland. Common events include the Grand National and the Cheltenham Festival. 
  • Boxing is one more common online sports bet, especially in the US and Europe. Most widespread bets include events such as World Boxing Association and International Boxing Federation championships. 
  • Esports is an increasingly popular but relatively new online sports bet. Notable events include the League of Legends World Championship and the Overwatch World Cup. 
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As you can see, online sports betting offers a wide range of opportunities for bettors to make money. There are numerous types of bets, popular bonuses, and sports events to choose from. Researching the odds and understanding the different types of bets can help you make informed decisions. Good luck! 

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Adil Husnain

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